30 Oct 2026 | 5 Mins Read
ITC, RIL, HDFC Bank drag Nifty down 12% in 2026: Is it time to buy?
Flipitmoney
The Nifty 50 index has fallen 12.28% in 2026, with 34 of 50 constituents, including ITC (-34%), Maruti Suzuki (-32%), HDFC Bank, HDFC Life (-31% each), and RIL (-26%), posting steep declines. Analysts cite FII outflows and cautious earnings outlook, but note current large-cap valuations are below historical averages, presenting selective long-term opportunities.